Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SOUTHBANK) South Indian complete technical analysis [charts+indicators] | Buy/Sell South Indian | (SOUTHBANK) share price targets

Complete technical analysis of South Indian (SOUTHBANK) by charts plus indicators, forecast predictions and share price targets for South Indian (SOUTHBANK)

South Indian trades in NSE in Banks sector.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of South Indian is 41264114

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	32.10	31.30	32.40	30.75	0.884 times
04 Mon Mar 2024	31.40	32.20	32.30	31.25	0.398 times
02 Sat Mar 2024	32.15	32.45	32.60	32.05	0.06 times
01 Fri Mar 2024	32.30	32.85	32.90	32.15	0.379 times
29 Thu Feb 2024	32.35	31.25	32.90	30.60	0.852 times
28 Wed Feb 2024	31.25	32.60	32.70	30.85	1.253 times
27 Tue Feb 2024	32.70	33.40	33.70	32.15	2.052 times
26 Mon Feb 2024	37.10	36.80	37.30	35.80	1.597 times
23 Fri Feb 2024	36.30	36.40	37.10	35.80	1.235 times
22 Thu Feb 2024	35.70	33.40	35.90	33.05	1.62 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 32 as stoploss in an intra day buy trade for a target of 33.75. However, stock will show a bearish move below 32.

Share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Target	23.10
Downside Target	24.60
Downside Target	26.10
Downside Target	28.50
Downside Target	30.60
Downside Target	31.50
Upside Target	32.15
Upside Target	35.00
Upside Target	35.85
Upside Target	35.90
Upside Target	37.10
Upside Target	37.30
Upside Target	39.80
Upside Target	40.15

Intraday share price targets for South Indian (SOUTHBANK)

Target Type	Value
Downside Intraday Target	31.1
Downside Intraday Target	30.1
Upside Intraday Target	32.75
Upside Intraday Target	33.4
Downside Intraday Target	31.75

Weekly technical analysis of South Indian (SOUTHBANK)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	32.10	32.20	32.40	30.75	0.207 times
02 Sat Mar 2024	32.15	36.80	37.30	30.60	1.43 times
23 Fri Feb 2024	36.30	34.70	37.10	32.15	1.221 times
16 Fri Feb 2024	34.50	35.75	35.85	31.50	0.628 times
09 Fri Feb 2024	35.55	38.70	39.80	35.00	0.457 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of South Indian (SOUTHBANK)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	32.10	32.85	32.90	30.75	0.066 times
29 Thu Feb 2024	32.35	34.90	40.15	30.60	0.68 times
31 Wed Jan 2024	34.70	26.70	35.90	26.10	2.058 times
29 Fri Dec 2023	26.70	24.85	28.50	24.60	1.915 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of South Indian (SOUTHBANK)

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of South Indian ( (SOUTHBANK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of South Indian ( (SOUTHBANK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for South Indian stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for South Indian in short term but the sell signal is initial and weak.

South Indian Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for South Indian in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of South Indian is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.96 and South Indian (SOUTHBANK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the South Indian (SOUTHBANK) stock. Volume based technical analysis of South Indian (SOUTHBANK) stock is negative.

South Indian Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.